Texas to Appeal Federal Ruling In Price Case
Texas will appeal a federal ruling that the state failed to state a cause of action in its antitrust suit over alleged price fixing by 10 oil companies. Attorney General Price Daniel said the appeal would be filed promptly after District Judge Charles O Betts upheld defense objections. Defendants include Arkansas Fuel Oil City Service Continental Oil Gulf Oil Humble Magnolia Standard Oil Texas Sinclair Phillips.
MENTIONED IN THIS ARTICLE
Austin
Texas
Price Daniel
Charles O. Betts
Betts
Daniel
Arkansas Fuel Oil Co
Cities Service
Continental Oil Co
Gulf Oil Corp
Humble Oil and Refining Co
Magnolia Petroleum Co
Standard Oil Company of Texas
the Texas Company
Sinclair Refining Co
Phillips Petroleum Co
Oil Union Opposes Mexico City Fuel Monopoly
The Oil Workers' Union urged President Ruiz Cortines to cancel a last minute monopoly concession for fuel oil in Mexico City granted to Jorge Pasquel, brother in law of former president Aleman's wife. The Pasquel firm raised prices and handled all government import business.
MENTIONED IN THIS ARTICLE
Mexico City
Oil Workers’ Union
Pres
Miguel Aleman
New Pres
Adolfo Ruiz Cortines
Government
Jorge Pasquel
Aleman
The
Pasquel Co
Anderson-Prichard buys Kanotex to expand Oklahoma refinery
Anderson-Prichard Oil Corp announces purchase of controlling stock in Kanotex Co of Arkansas City effective Jan 2. The deal expands Kanotex refinery capacity from 13,000 to 20,000 barrels per day and adds a catalytic cracking unit with access to crude in Kansas Oklahoma and West Texas linking to the Great Lakes pipeline system. The move nearly doubles Anderson-Prichard's total output to about 20,000 barrels per day from two refineries.
MENTIONED IN THIS ARTICLE
Oklahoma City
Anderson - Prichard
Kanotex Teen Co
Arkansas City
Roland V. Rodman
Kanotex
Kansas
Oklahoma
West Texas
Great Lakes
Humble Oil and Baytown unions extend contract 30 days
Humble Oil and Refining Co. and the Baytown Employer Federation agreed to extend the current contract by 30 days to allow further negotiations. The existing deal was set to expire Saturday. The union proposed removing the no strike clause from the contract as the principal change.
MENTIONED IN THIS ARTICLE
Baytown
Tex
Humble Oil & Refining Co
West Texas Wildcat Locations Hit Five Counties
Wildcat drilling targets mapped across Andrews Borden Reeves Cochran and Schleicher Counties in West Texas. Sharples Oil Corp plans 14,500 foot test east of Andrews through the Elsenburger formation. Several other wells target depths between 5,000 and 8,000 feet with locations given relative to section and survey lines.
MENTIONED IN THIS ARTICLE
Wildcat
Andrews
Borden
Reeves
Cochran
Schleicher
Texas
Sharples Oil Corp. No
R. M. Means Et al
Elsenburger
Richardson and
Bass
de Loache and
Rodgers
Luther
T&p
L. C. Wahlenmaier
S. A. Fishburn Et al No
Pecos
Robert E. Mead
F. O. Masten
Randall Csl
Morton
Carter and Carter
San Antonio
Schleicher County
Menard
J. F. Webster
Twe&ng
Cg&sf Survey
Oil Stocks Rise As Bureau Reports Dec 6 Levels
The Bureau of Mines shows crude oil stocks at 268,053,000 barrels on December 6, up 2,529,000 from a week earlier. Texas holds 133,239,000 barrels, up 3,412,000. California 30,283,000 (down 360,000). Oklahoma 27,338,000 (up 663,000). Louisiana 16,618,000 (up 315,000). Kansas 10,022,000 (down 268,000).
MENTIONED IN THIS ARTICLE
Washington
Bureau of Mines
Texas
California
Oklahoma
Louisiana
Kansas
Texas Eastern Gets Line Okay
The Power Commission approved Texas Eastern Transmission Corp and Wilcox trend gathering system to build natural gas pipelines in Texas and Louisiana. Wilcox to lay 157 miles from Hagist Ranch Field in McMullen County to Providence City, cost about 10.12 million dollars. Texas Eastern to lay 315 miles from Providence City to near Castor Louisiana, cost 23.3836 million. The projects aim to replace declining gas supplies as Texas Eastern will buy about 100 million cubic feet daily from Wilcox.
MENTIONED IN THIS ARTICLE
Washington
Texas Eastern Transmission Corp
Shreveport
Wilcox Trend Gathering System
Dallas
Texas
Louisiana
Wilcox
Hagist Ranch
McMullen County
Tex
Texas East
Ern
Providence City
Texas Eastern
Castor
The
Power Commission
Crude Oil Production Rises in Five States
The Oil and Gas Journal reports a national daily crude oil average up 98 000 barrels for the week ending Dec 13 to 6 569 130 barrels. Kansas rebounded 91 300 to 317 500, Nebraska up 1 000 to 9 600, North Dakota 800 to 10 500, and Montana 660 to 300. Declines occurred in Arkansas 400 to 76 850 Louisiana 250 to 682 150 and New Mexico 100 to 175 725. Texas unchanged at 3 013 525.
MENTIONED IN THIS ARTICLE
Tulsa
Oil and Gas Journal
Journal
Kansas
Nebraska
North Dakota
Montana
Arkansas
Louisiana
New Mexico
Texas
Oil and gas well completions rise in Texas week
The Railroad Commission reports 195 new oil wells this week, up from 180 the prior week, and 18 gas wells versus six. Year to date oil completions total 9,951, behind 1951 and last year, while gas completions reach 733 against 881 last year. Average daily allowable oil rose by 3,473 barrels from the Dec. 6 figure.
MENTIONED IN THIS ARTICLE
Austin
Texas
Railroad Commission
University of Texas publishes oil film catalogue
The University of Texas Visual Instruction Bureau issued a catalogue of films for the petroleum industry. Director Dr. Ernest Tiehte notes several hundred films are available on loan or rental. Catalogue copies may be obtained by writing the division in Austin 12.
MENTIONED IN THIS ARTICLE
Austin
University of Texas Visual Instruction Bureau
Ernest Tiehte
Visual Instruction Bureau
Division of Extension
University of Texas, Austin 12
The Furniture Mart Ad Seeks Homes for Smart Living
The Furniture Mart promotes Norge appliances and carpeting at 308 North Lee with dial 6 5072. The ad emphasizes smart home shopping and nearby showroom offerings.
MENTIONED IN THIS ARTICLE
Furniture Mart
Norge Appliances
North Lee
Chicago Man Elected Chair of TMCO and GA Board
H G Chase of Pure Oil Chicago was chosen chair man of the state and local taxation committee for the Mid-Continent Oil and Gas Association at the ad valorem tax forum closing session in Fort Worth. Frank Lawshe of Al Buchanan Drilling San Antonio named vice chairman. Distinguished service awards were given to S M Greenidge Texas Pacific Coal and Oil Fort Worth J G Martell Gulf Oil Houston and W N Fightmaster United Gas Pipe Line Beeville for retirement service.
MENTIONED IN THIS ARTICLE
Fort Worth
H. G. Chase
Pure Oil Company
Chicago
Mid-Continent Oil and Gas Association
Frank Lawshe
al Buchanan Drilling Company
San Antonio
Hilton Hotel
S. M. Greenidge
Texas Pacific Coal and Oil Company
J. G. Martell
Gulf Oil Corporation
Houston
W. N. Fightmaster
United Gas Pipe Line Company
Beeville
Permian Basin ISA Set for Tuesday Meeting in Odessa
The Permian Basin Section of the Instrument Society of America will hold its December session Tuesday at in Odessa College. The meeting in the Main Building music room will cover business for the coming year.
MENTIONED IN THIS ARTICLE
Permian Basin
The
Instrument Society of America
Odessa Colege
Foster-Grant plans monostyrene plant in Orange
Fos ter Grant Co of Leominster Mass announces acquisition of a 100 acre site one mile west of Orange for a multi-million dollar monostyrene plant. President Joe Foster says construction starts early 1953 and first unit should be operating within 15 months. Monostyrene is a moulding plastic used for vanity sets eyeglass frames and combs.
MENTIONED IN THIS ARTICLE
Orange
Foster - Grant Co
Leominster
Mass
Joe Foster
E. W. Brown Jr
Foster
Also Mentioned on This Page
Oil Union
Anderson-Prichard
Humble, Union Beach
Marliés _Gessler
Florida State University
America
Marlies
Theniversity
Sigma Chi
Western Auto Associate Store
Dad
Calvert
Calvert Distellers Corporation
New York City
William W. Foot
Santa Ana
Calif
Korea
Foot
702Nd Ordnance Company
Texas University
N. Grant
R. C. A. Victor
FOX Music CO
Dial
Tmco&ga
Ania Oia Ea Elas
Hubbard
Saylor
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